Year End Crypto Tax Planning
Details
January 1st is right around the corner so now's the time to put together a strategy to take some losses to offset all those GAINS you've had this year! If you're looking to adjust your portfolio allocation in the near future, maybe get rid of some of those under performing coins before the end of the year so you can take the losses on your 2025 tax return?
There's no wash sale rule for cryptocurrency. Have you taken advantage of that strategy in the past. We'll definitely discuss this one!
Bring your questions and year end strategies for minimizing our tax burden.
Here's the link to the Google doc that we'll be sharing:
https://docs.google.com/document/d/1ivFpe8izOaTRfiGBvM-cGnPc-0numJy9nBAyEXmvb5Y/edit?usp=sharing
Open the document and "Request Edit Access" to edit so you can contribute. Or send your G-Mail address to info@fresnobitcoin.com
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and see links to everything else we're doing at:
https://linktr.ee/fresnobitcoin